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    1113 Cypress Dr

    Fort Collins, CO 80521
    • $498,000
    • STATUS: Pending
    • ON SITE: 19 days
    • ID#: 923566
    Pending
    UPDATED: 231 min ago
    $498,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,793
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Have you been waiting for a multifamily opportunity? Well here is one close to CSU, a zero vacancy history, and numbers that make this a unique investment in west Fort Collins. This duplex features a newer roof, updates in both units, and a location that can't be beat. Gross rents of $2895 (plus chargebacks for utilities) deliver a cap rate of just above 6% based on real maintenance and upkeep costs. Remodeled bathroom in one unit, as well as some new flooring, this property has been well maintained and is ready for your investment portfolio!

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    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | Peak Properties Group. Data last updated: 2020-09-28T23:38:10.33.
    www.soldbypeak.com/homes/109855553
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    1113 Cypress Dr Fort Collins, CO 80521

    • Price: $498,000
    • Status: Pending
    • Updated: 231 min ago
    • ID#: 923566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,793
    SQFT
    $278
    $/SQFT
    1968
    Built
    Neighborhood:
    Elliott Miller
    County:
    Larimer
    Area:
    09 Fort Collins area
    Elementary School:
    Bauder
    Middle School:
    Blevins
    High School:
    Rocky Mountain
    School District:
    Poudre
    Property Description
    Have you been waiting for a multifamily opportunity? Well here is one close to CSU, a zero vacancy history, and numbers that make this a unique investment in west Fort Collins. This duplex features a newer roof, updates in both units, and a location that can't be beat. Gross rents of $2895 (plus chargebacks for utilities) deliver a cap rate of just above 6% based on real maintenance and upkeep costs. Remodeled bathroom in one unit, as well as some new flooring, this property has been well maintained and is ready for your investment portfolio!
    Exterior Features

    Construction Brick/Brick Veneer Fences Enclosed Fenced Area Location Description Level Lot Lot Improvements Street PavedCurbsSidewalks Outdoor Features Patio Property Styles 1 Story/Ranch Road Access City Street Type Legal Conforming Waterfront No

    Interior Features

    Basement Foundation No BasementCrawl Space Fireplaces No Fireplace Heating Forced Air Inclusions Window CoveringsElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 3 Unit2 Bedrooms 2

    Property Features

    Capitalization Rate 6.42 Energy Star Certified No Gross Operating Income 36420.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Fort Collins Nahb Certified No Net Operating Income 31950.0000 New Construction Status Not NewPreviously Owned New Financing CashConventionalFhaVa Ownership Private Owner Tax Year 2019 Taxes 2870 Tenant Pays DepositGasElectric Total Operating Expense 4470.0000 Utilities Natural GasElectricPropaneCable Tv AvailableSatellite Avail Zoning Res

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Paul Hunter of Windermere Fort Collins.



    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | Peak Properties Group. Data last updated: 2020-09-28T23:38:10.33.
     
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    eXp Realty | Peak Properties Group
    2851 S Parker Road Suite 100
    Aurora CO, 80014